BEIJING | Asian stocks sink after Wall Street dives on rate hike
BEIJING | Asian stocks sink after Wall Street dives on rate hike
BEIJING — Asian stock markets sank Thursday after the Federal Reserve raised U.S. interest rates and Wall Street dived to a 15-month low.
KEEPING SCORE: Tokyo’s Nikkei 225 index fell 1.7 percent to 20,631.45 points and the Shanghai Composite Index lost 0.4 percent to 2,538.79. Hong Kong’s Hang Seng retreated 0.4 percent to 25,748.54 and Seoul’s Kospi lost 0.6 percent to 2,066.09. Sydney’s S&P-ASX…
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